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The phase of prolonged slowdown and demand recession appears to be finally over for Indian industry. The manufacturing sector is now doing well, not only domestically, but also globally. After a long spell of nervousness, the corporate sector is now...
Canbank Factors Ltd, a subsidiary of Canara Bank, recorded its highest ever turnover (factoring volume) of Rs 1,223 crores for…
#bank#banks#liquidity
The Central Board of Excise and Customs (CBEC) has issued a directive to "break the communication wall, if any, between…
The defence sector is aiming to indigenise its requirements by offering to buy from technologically sound, innovative and competitive small-…
#smes
Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…
#bank#exports#guarantee
The small- and medium-size enterprise (SME) sector has been regarded as typically `high risk and high delinquency' in banking circles.…
With top corporates demanding low rates on loans and margins nowadays being wafer-thin, new generation UTI Bank is planning to…
#bank#financial institution#guarantees
Oriental Bank of Commerce (OBC) has reduced its interest rates and margins on advances to small-scale industries (SSI) sector. The…
Bajaj Allianz General Insurance Company Ltd is planning to get into the credit insurance business, an area dominated by the…
#Allianz#exporters#guarantee
Ashok Leyland Finance has raised Rs 1 billion by securitising some of its receivables from hire-purchase schemes and loans for…
Indian small industry has to reposition itself to achieve compatibility with the international trade scenario and become globally competitive, according…
#international#International Trade#smes
Bharat Overseas Bank Ltd has lowered interest rates on credit to agriculture and small-scale sectors (SSIs). "The revised interest rates…
#bank#interest#interest rates
Speaking at a workshop on 'New Export-Import Policy', the director-general of Foreign Trade, Mr Labanyendu Mansingh, said the list of…